ADDED
At February 24, 2026, there were 7,176,682,170 shares of Common Stock outstanding.
Bank of America 2 At both December 31, 2025 and 2024, the Corporation employed approximately 213,000 employees, of which 77 percent and 78 percent, respectively, were located in the U.S.
Additionally, in 2025 and 2024, the Corporation s compensation and benefits expense was $42.3 billion and $40.2 billion, or 61 percent and 60 percent, of total noninterest expense.
Workforce data as of December 31, 2025 Total Employees Top Three Management Levels Managers at All Levels Global employees Women 50 % 42 % 43 % Men 50 58 57 U.S.-based employees White 46 72 53 Asian 15 12 15 Black 15 7 11 Hispanic 20 6 17 American Indian/Alaskan Native 0.4 0.1 0.3 Native Hawaiian/Other Pacific 0.3 0.1 0.3 Two or More Races 3 1 2 Talent, Inclusion and Opportunity The Corporation is focused on building a strong pipeline of talent, which means finding and hiring external candidates who are committed to our purpose and have a passion for serving our clients and communities.
In 2025, more than 14,000 employees found new roles within the Corporation, and we delivered more than 7.6 million hours of training and development to our teammates through Bank of America Academy.
In 2025, 86 percent of the Corporation s employees participated in the Survey, and our Employee Engagement Index, an overall measure of employee satisfaction with the Corporation, was 86 percent.
Our turnover among employees was stable at 8 percent in both 2025 and 2024.
In October 2025, the Corporation took its final step to reach this goal by raising its U.S.
In addition, in January 2026, for the ninth year since 2017, we announced that we recognized our teammates with Sharing Success compensation awards for their efforts during 2025.
Approximately 96 percent of employees globally will receive an award in the first quarter of 2026.
REMOVED
At February 24, 2025, there were 7,604,677,274 shares of Common Stock outstanding.
Bank of America 2 At both December 31, 2024 and 2023, the Corporation employed approximately 213,000 employees, of which 78 percent were located in the U.S.
Additionally, in 2024 and 2023, the Corporation s compensation and benefits expense was $40.2 billion and $38.3 billion, or 60 percent and 58 percent, of total noninterest expense.
Workforce data as of December 31, 2024 Total Employees Top Three Management Levels Managers at All Levels Global employees Women 50 % 42 % 42 % Men 50 58 58 U.S.-based employees White 47 71 54 Asian 14 11 15 Black 15 8 11 Hispanic 19 7 16 American Indian/Alaskan Native 0.4 0.1 0.3 Native Hawaiian/Other Pacific 0.3 0.1 0.3 Two or More Races 3 1 2 Talent, Inclusion and Opportunity The Corporation is focused on building a strong pipeline of talent, which means finding and hiring external candidates who are committed to our purpose and have a passion for serving our clients and communities.
In 2024, more than 12,000 employees found new roles within the Corporation, and we delivered approximately 7.6 million hours of training and development to our teammates through Bank of America Academy.
In 2024, 87 percent of the Corporation s employees participated in the Survey, and our Employee Engagement Index, an overall measure of employee satisfaction with the Corporation, was 84 percent.
Our turnover among employees was stable at 8 percent in both 2024 and 2023.
In October 2024, as a next step towards that goal, the Corporation increased its hourly minimum wage for U.S.
In addition, in January 2025, for the eighth year since 2017, we announced that we recognized our teammates with Sharing Success compensation awards for their efforts during 2024.
Approximately 97 percent of employees globally will receive an award in the first quarter of 2025.